Corporate Action11 Sept 2026, 05:10 pm
Emkay Global gets in-principle approval for 50,000 equity share listing
AI Summary
Emkay Global Financial Services Ltd has received in-principle approval from the National Stock Exchange (NSE) and BSE Limited (BSE) for the listing of 50,000 equity shares. These shares arise from the conversion of warrants previously issued on a preferential basis to Mr. Prakash Kacholia, a promoter of the company. The approval is subject to the fulfillment of certain conditions, including confirmation from depositories (NSDL/CDSL) for the credit of shares to beneficiary accounts and compliance with SEBI regulations. Trading approval will be granted upon receipt of these confirmations.
Key Highlights
- In-principle approval received from NSE and BSE for share listing.
- Listing pertains to 50,000 equity shares from warrant conversion.
- Shares were issued to a promoter on a preferential basis.
- Listing is conditional on depository confirmation and regulatory compliance.
Price Impact
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